Business Betty Wilson’s venture of opening a Christian Coffee House in Belmont‚ NC‚ presents her with abundant opportunities in selecting a business form. She is considering the following types of entities: 1) franchise‚ 2) sole proprietorship‚ 3) partnership of some sort‚ 4) corporation of some sort‚ 5) LLC‚ or 6) even as a joint venture. We will briefly explore each business option and give Betty concise recommendations as to what business form to pursue as well as what business partners to engage
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Alshaya Co.‚ started its first international franchise relationship in 1983 with the opening of our first Mothercare store‚ and we have grown at a significant pace throughout our history. Today we employ over 36‚000 people‚ we have more than 70 brand partnerships‚ and we operate over 2‚500 stores in 19 countries. Our wide geographical spread is supported by experienced management teams‚ high operational standards‚ sophisticated infrastructure‚ and ongoing investment in management information systems and
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TO THE PAPER CHAPTER 1: ENGLISH LEGAL SYSTEM CHAPTER 2: LAW OF CONTRACT – FORMATION CHAPTER 3: LAW OF CONTRACT – TERMS CHAPTER 4: LAW OF CONTRACT – BREACH CHAPTER 5: LAW OF TORTS CHAPTER 6: LAW OF EMPLOYMENT CHAPTER 7: LAW OF AGENCY CHAPTER 8: PARTNERSHIP LAW CHAPTER 9: COMPANY LAW – LEGAL PERSONALITY & COMPANY FORMATION CHAPTER 10: COMPANY LAW – SHARE CAPITAL CHAPTER 11: COMPANY LAW – LOAN CAPITAL CHAPTER 12: COMPANY LAW – DIRECTORS CHAPTER 13: COMPANY LAW – OTHER COMPANY OFFICERS CHAPTER 14: COMPANY
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* Chapter 12: Partnerships * Advantages: * Pass-through taxation * Ease of formation * Simplified recordkeeping * Favorable taxation * Increased ability to raise funds * Disadvantages * Unlimited liability * Co-ownership of property * Non-deductible costs * Limited life * Mutual agency * Partner disagreements * Limited Liability Companies * Relatively new form
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Table of content 1 | Acknowledgement | 2 | 1.0 | Introduction | 3 | 2.0 | Procedures to form a company2.1 Reservation of company name | 44 | 3.0 | Documents required to be lodged to form a company3.1 Memorandum of Association3.2 Article of Association | 555 | 4.0 | Company’s promoters | 6 | 5.0 | Natures of the company5.1 Company as a body corporate5.2 Can sue and being sued5.3 Perpetual succession5.4 Ability to own property5.5 Limited liability for its members | 8910101112 | 6
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capital‚ and other resources to run the business - Unlimited liabilities - Registered under Registration of Business Act 1956 ii. Partnership - Exist when two or more persons pool their skills‚ labor‚ capital and other resources together to form a business jointly - Under Partnership Act 1961 - Applied English Court decision iii. Company - A business organization of two or more individuals - Registered
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Publishing F4 ENG Study Text Corporate and Business Law ACCA ACCA Paper F4 (ENG) Corporate and business law (English) Welcome to Emile Woolf‘s study text for Paper F4 Corporate and business law (English) which is: Written by tutors Comprehensive but concise In simple English Used around the world by Emile Woolf Colleges Publishing Second edition published by Emile Woolf Publishing Limited Crowthorne Enterprise Centre‚ Crowthorne Business Estate‚ Old Wokingham Road
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NDA Venture Partners‚ L.P. SERIES A PREFERRED SHARE FINANCING TERM SHEET August 24‚ 2006 The intent of this Term Sheet is to describe‚ for negotiation purposes only‚ some key terms of the proposed investment agreement by and among NDA Venture Partners‚ L.P. and its associated entities (“NDA”)‚ and Wangyong Holdings‚ Ltd. (“Holdco”)‚ a limited liability Cayman Islands company. This Term Sheet is not a legally binding agreement between the Series A Investor‚ the Group and the Founders
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business entity that will serve as the vehicle in pursuing the business that will affect the company’s and owner’s legal liability and income tax treatment. The three most common legal forms of business organization are the sole proprietorship‚ partnership and corporation. SOLE PROPRIETORHIP Sole proprietorship is a business owned and operated by an individual for his or her own profit. It is considered as the most common form of business ownership. Typically‚ the proprietor along with a few employees
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1. Introduction Over the past few decades‚ there is a continuing global expansion of trade and investment. As there are more and more companies doing business not only in their home country‚ they may have assets and/or establishment in other countries‚ or even their activities take place other than the company has its registered office. In case of insolvency of such a company‚ many legal issues arise. Therefore‚ a well-equipped national insolvency laws dealing with such cases is needed. Without
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